Fed signals interest rate cuts possible later this year
The U.S. Federal Reserve on Wednesday signaled it could cut interest rates by as much as half a percentage point over the remainder of this year,...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Oil prices little changed despite U.S. crude stock draw
Oil futures were mostly steady on Wednesday as price support from a larger-than-expected decline in U.S. crude inventories was countered by a lull in equities.
Trans Mountain oil pipeline expansion may start in September
Construction to expand the Trans Mountain oil pipeline could begin in September, assuming the next regulatory steps go smoothly, the project's chief executive said on Wednesday.
Airbus grabs China Airlines narrow-body jet order
Airbus unveiled an aircraft deal with Taiwan's China Airlines on Wednesday, snatching the carrier's medium-haul fleet renewal from Boeing a day after its U.S. rival made...
U.S. trade representative says he can resolve Democrats' concerns on North America pact quickly
The top U.S. trade negotiator said on Wednesday he is ready to work with lawmakers "sooner rather than later" to address concerns over a new North...
Oracle quarterly profit beats estimates; shares rise
Oracle Corp beat fourth-quarter revenue and profit estimates on Wednesday, as the business software maker benefited from demand for its on-premise IT, cloud services and license...
Global stocks gain, dollar weakens after Fed signals possible rate cuts
A gauge of global stock markets strengthened on Wednesday, bolstered by gains on Wall Street, and benchmark U.S. Treasury yields and the dollar dropped after the...
Stocks approach record as Fed soothes Wall Street's fears
The S&P 500 approached a record high on Wednesday after the Federal Reserve signaled potential interest cuts later this year, reassuring investors worried that the U.S.-China...
PG&E completes safety inspection of distribution infrastructure
Electric utility PG&E Corp said on Wednesday it has completed visual inspections of about 99% of its distribution infrastructure to provide additional precautionary measures intended to...
DoubleLine's Gundlach: Fed doing 'what the bond market says - with a lag'
Jeffrey Gundlach, chief executive of Doubleline Capital, said on Wednesday that the Federal Reserve is doing "what the bond market says - with a lag."
Senior U.S.-China trade negotiators to confer before Trump-Xi G20 meeting
Aiming to jumpstart dormant talks, the top U.S. trade negotiator said on Wednesday he will confer with his Chinese counterpart before next week's meeting between President...
Traders are pricing in a 100% chance of at least one Fed rate cut in July
While the Federal Reserve still sees no rate cut in 2019, traders are convicted a rate reduction is coming as soon as July.
Facebook discussed the launch of its cryptocurrency with the Fed, Jerome Powell says
Federal Reserve Chairman Jerome Powell said on Wednesday that Facebook spoke to the central bank about the digital currency called Libra
Powell on Trump: 'The law is clear that I have a four-year term, and I fully intend to serve it'
The Fed chief said that despite reports that Trump was looking to demote or fire him, he doesn't plan on leaving anytime soon.
Some Fed officials believe the case for a rate cut is strengthening
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.